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Cardiogenesis Reports First Quarter 2011 Results
Date:5/4/2011

the Transaction and where to Find It

A definitive proxy statement of Cardiogenesis and other materials will be filed with the SEC.  Investors and shareholders may obtain a free copy of the definitive proxy statement and other documents filed by Cardiogenesis with the SEC at the SEC's website at www.sec.gov.

The definitive proxy statement and such other documents are also available for free on Cardiogenesis' website at www.cardiogenesis.com under "Investors/SEC Filings" or by directing such request to Investor Relations, Cardiogenesis Corporation at (949) 420-1827.

Cardiogenesis and its directors, executive officers and other members of its management and employees may be deemed to be participants in the solicitation of proxies from its shareholders in connection with the proposed transaction. Information concerning the interests of Cardiogenesis' participants in the solicitation is set forth in Cardiogenesis' proxy statements and Annual Reports on Form 10-K, previously filed with the SEC, and in the definitive proxy statement relating to the proposed transaction.CARDIOGENESIS CORPORATIONCONDENSED CONSOLIDATED STATEMENTS OFOPERATIONS(in thousands, except per share amounts)(unaudited)Three months endedMarch 31,20112010Net revenues

$
3,053

$
3,233Cost of revenues

430

528Gross profit

2,623

2,705Operating expenses:Research and development

521

288Sales and marketing

1,357

1,731General and administrative

1,174

699Total operating expenses

3,052

2,718Operating loss

(429)

(13)Other income (expense):Interest expense

(1)

(1)Interest income

—Total other expense, net

(1)

(1) Loss before income taxes

(430)

(14)Provision for income taxes

3

4Net loss


SOURCE Cardiogenesis Corporation
Copyright©2010 PR Newswire.
All rights reserved

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Related medicine technology :

1. CryoLife Completes Tender Offer for 49.9 Percent of the Outstanding Shares of Cardiogenesis Corporation
2. Cardiogenesis Corporation to Report 2011 First Quarter Results on May 4th
3. CryoLife Announces Expiration of Go-Shop Period Related to its Proposed Acquisition of Cardiogenesis Corporation
4. CryoLife Commences Tender Offer for All Outstanding Shares of Cardiogenesis Corporation
5. CryoLife Signs Definitive Agreement to Acquire Cardiogenesis
6. Cardiogenesis Reports Fourth Quarter and Full Year 2010 Results
7. Cardiogenesis Corporation to Report 2010 Fourth Quarter and Full-Year Results on March 9th
8. Cardiogenesis Reports Third Quarter 2010 Results
9. Cardiogenesis Receives Research Award From Federal Government
10. Cardiogenesis Corporation to Report 2010 Third Quarter Results on November 3rd
11. Cardiogenesis Enrolls First Two Patients in Its Feasibility Study of the PHOENIX® Combination Delivery System
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